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The digital boom's cybersecurity pitfalls: Negligence may spoil the party

The large-scale adoption of cloud and the work-from-anywhere model have led Indian businesses to step up investment in data protection

Data Protection, cybersecurity, digitisation, security
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India was hit by 1.39 million cybersecurity incidents in 2022. Over 4.5 million cases were tracked in the last five years

Sourabh Lele
Even as Indian organisations -- from start-ups to large corporations -- are cashing in on digitisation, cloud adoption and work-from-anywhere culture, experts warn that negligence of cybersecurity and risk management may spoil the party.

A recent report from Gartner has forecast end-user spending on security and risk management in India, ranging from infrastructure protection and identity access management to application security, at $2.65 billion in 2023 -- up by 8.3 per cent over the previous year. As in 2022, security services will remain the segment with the highest levels of end-user spending in India in 2023, predicts the technology research

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First Published: Feb 19 2023 | 6:11 PM IST

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